Shopping Centre Trading Position
Projected Year End Revenue 30th August 2022
Projected. Annual Turnover £155,000
Accounts Available After Viewing
Internal Seating For 36
External Seating For 18
Fantastic Online Reviews
High Footfall Area
Scope To Expand Menu Options
Potential For Online Presence
EPC - E
REF 7423 – Leasehold Café/Takeaway
Blacks Brokers are pleased to bring to the market this leasehold café/takeaway located in Royton, Oldham.
Bake House was established by our client in this busy central area of Royton in 2011. The business offers a range of foods and drinks including hot beverages, snacks, pies, sandwiches and other baked and deli goods. It has become very well known in this area and has a strong base of regular customers in place as well as benefitting from a huge amount of passing trade due to this excellent trading position. Our client has ensured the business has an excellent reputation and good reviews are noted on Trip Advisor and Yell. At present, Bake House does not have an online or social media presence.
Bake House occupies a shopping parade trading position within a pedestrianised area of the town centre. The area is densely populated commercially with neighbouring businesses including independent retailers as well as large multiples such as Card Factory, The Co-op and Lidl. The area is well linked by the M62 and A627(M) with very strong public transport links and parking is available in the surrounding area.
REASON FOR SALE
The business is ideally suited to a hands-on owner-operator but due to our client’s retirement, the business is offered for sale. This presents an excellent opportunity for a new owner-operator or team to take the business to the next level.
The building is available on a Full Repair and Insure lease (FRI lease). This is the most common form of commercial lease. The current lease runs at a cost of £320 per week and we are advised this is renewable.
The business operates with four members of part time staff in employment supporting our client working on a full time basis.
Bake House has traded solidly since opening and our client has established a strong repeat customer base. Year End Revenue 30th August 2021, Annual Turnover £72,366, Gross Profit £36,491. Full financial information is available upon request.
The business currently benefits from Small Business Rates Relief. Purchasers should enquire with relevant local authorities to confirm the rates payable.
This popular and long established business occupies an enviable trading position in a busy, highly sought after area of Royton. Our client has secured a strong customer base and excellent reputation. There is plenty of scope to develop the business further with the introduction of new menu choices and longer opening hours. The building could accommodate any cuisine. An online and social media presence could prove beneficial along with an online marketing drive and new delivery options. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised.